966 22nd Avenue S, SAINT PETERSBURG, FL 33705
  • MLS#: TB8334819 ( Residential Income )
  • Street Address: 966 22nd Avenue S
  • Viewed: 7
  • Price: $3,700,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2008
  • Bldg sqft: 0
  • Bedrooms: 40
  • Total Baths: 40
  • Days On Market: 5
  • Acreage: 1.37 acres
  • Additional Information
  • Geolocation: 27.748 / -82.6483
  • County: PINELLAS
  • City: SAINT PETERSBURG
  • Zipcode: 33705
  • Subdivision: Lakeview Manor
  • Provided by: VINTAGE REAL ESTATE SERVICES
  • Contact: John Hatcherian
  • 813-684-0001
  • mfrmls
  • DMCA Notice
  • Description
    Investment Opportunity: 20 Unit Apartment Complex with Strong Cash Flow Potential Lakeview Apartments In St. Petersburg this 20 unit apartment complex offers an outstanding investment opportunity with a proven track record. Built in 2008, the property features spacious, 2 bedroom, 2 bath units, all tile flooring ensures low maintenance and durability for years to come. Key Investment Highlights: 20 Units: 2 bedroom, 2 bathroom, all tile units designed for easy upkeep and long term appeal. Occupancy of available units: The complex is consistently fully leased, demonstrating a strong demand for rental units and excellent property management. Average Rent: Current rent is $1,317 for 19 apartments, offering reliable, above average rental income potential. Cap Rate of 5.3: A solid return on investment with room for rental increases and value enhancement over time. Flood Zone X: Located in a low risk flood zone for added peace of mind. Built in 2008: Modern construction ensures minimal repairs and maintenance, with updated amenities for tenants. Call for details.
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Features
Appliances
  1. Dishwasher
  2. Electric Water Heater
  3. Range
  4. Range Hood
  5. Refrigerator
Home Owners Association Fee
  1. 0.00
Baths Total
  1. 40
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Fence
  2. Private Mailbox
  3. Sidewalk
Flooring
  1. Ceramic Tile
Furnished
  1. Unfurnished
Garage Spaces
  1. 0.00
Heating
  1. Central
Interior Features
  1. Ceiling Fans(s)
  2. Living Room/Dining Room Combo
  3. Open Floorplan
  4. Solid Wood Cabinets
  5. Window Treatments
Legal Description
  1. LAKEVIEW MANOR UNNUMBERED LOT
Levels
  1. One
Living Area
  1. 17600.00
Area Major
  1. 33705 - St Pete
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Parcel Number
  1. 36-31-16-49014-000-0450
Property Condition
  1. Completed
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Tenant Pays
  1. Electricity
  2. Sewer
  3. Trash Collection
  4. Water
Township
  1. 31
Utilities
  1. BB/HS Internet Available
  2. Electricity Available
  3. Electricity Connected
  4. Sewer Connected
  5. Water - Multiple Meters
  6. Water Connected
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/TB8334819
Water Source
  1. Public
Year Built
  1. 2008